Royden Oaks Eviction Risk: Lower , Houston

At $1,912 a month, rents run 40% over what the rest of Houston commands. The main counterweight is rent-regulation exposure at 1/10.

Well under the midpoint, economic stress reads 1/10. On the softer side, state political climate reads 1.5/10. The voucher gap is 25.1%: households holding assistance that local rents will not absorb, which surfaces as churn rather than arrears.

Severe burden reaches 14%. Those are renters paying half their income or more, and that is where non-payment filings originate. Against the Harris County average of 4.0, this tract reads safer for landlords by 1.0 points. The filing record is not thin: 5 evictions over 4 years of observation.

The worst year on record was 2009, when 0.9% of renter households were served. In a typical year about 0.6% of renter households face a filing. That is riskier than roughly 20% of the 84,120 US census tracts in this model.

Only 11% of units are renter-occupied. Rental comparables are thin; price a renewal off the nearest genuine rental sub-market rather than off surrounding sale prices. On the CDC Social Vulnerability Index the tract reads 2.9/10, which tracks how hard a shock lands on the households already here.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.